STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Schedule of warrant activity

The following table summarizes the Company’s warrant activity:

	Former Preferred Warrants								Common Warrants
	Number of Warrants			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term (In Years)		Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (In Years)
Outstanding – December 31, 2015		544,388		$	2.08			0.17		86,376	$	4.55		1.25
Granted		—			—			—		2,438,000		6.75		2.55
Exercised		(544,388	)		(2.08	)		—		—		—		—
Cancelled (forfeited)		—			—			—		—		—		—
Outstanding – December 31, 2016		—			—			—		2,524,376	$	6.67		2.50
Exercisable –  December 31, 2016		—			—			—		2,386,376	$	6.67		2.50

Schedule of option activity

A summary of option activity under the Plan is as follows:

	Number of Options			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term (In Years)
Outstanding – December 31, 2015		14,516		$	4.13			7.83
Granted		—			—			—
Exercised		(14,516	)		(4.13	)		—
Cancelled (forfeited)		—			—			—
Outstanding – December 31, 2016		—		$	—			—
Exercisable – December 31, 2016		—		$	—			—